Good evening, this is Markets Desk with your closing bell rundown.
Equities ended Monday on a broadly positive note, with the Nasdaq one hundred leading the charge, closing up one point five eight percent as chipmakers rallied hard. The S&P five hundred added three tenths of a percent, while the Dow slipped slightly into the red, closing down sixteen hundredths of a percent. Futures held their gains into the close.
Shifting to tech and artificial intelligence, Sam Altman and OpenAI's chief scientist outlined what they're calling the company's third phase, centered on AI abundance, accessibility, and safety. The announcement landed the same day OpenAI confirmed it had confidentially filed for its next major corporate milestone, signaling the company is moving deliberately toward a new structural chapter.
And rounding out the session, crude oil found modest footing, with July WTI settling up nearly eighty-four hundredths of a percent. The driver was renewed tension between Iran and Israel, where a fragile ceasefire showed fresh cracks. Traders are watching closely, as any further escalation in the Middle East threatens to tighten supply expectations and complicate ongoing diplomatic negotiations.
That's the tape. Markets Desk, signing off the floor.
